Thursday, September 15, 2016

How Many Times Do I Have to Say It…

On December 18, 2015, President Obama quietly signed a bill that gives 119 million eligible Americans the chance to collect on "consumer rebate checks" that could go anywhere from $1,230 to $12,900 for some people. There are no income requirements to collect. Full Details Here…

ECONOMY & MARKETS | September 15, 2016

How Many Times Do I Have to Say It… Bubbles Don't Correct, They Burst!

Because the central banks will keep supporting the economy and markets with more free money…

Because real estate is in tight supply and can only go up…

Because there is nowhere else to go but high-dividend stocks…

And because sovereign bond yields are going to negative, not just zero.

This is absolute BS!

Nothing lasts forever. You don't get something for nothing, and that's exactly what the central banks have created since late 2008 with their endless money printing and zero interest rate policies (which are now pushing desperately into negative territory) – neither of which has ever happened in history.

Doesn't such desperation in policies make you wonder how weak the actual economy would be without such massive and never-ending stimulus?

The stock market is gearing up for a crash of historic proportions... Every sector, every asset class, every stock, every bond, oil, gold, real estate – it's all going to get crushed.

But while many will be devastated, you don't have to be one of them. Instead, you need to be ready for the greatest profit opportunity of your life.

And inside his BRAND NEW book, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make YouRich, Harry Dent reveals wealth-building secrets, 90 years in the making… the same secrets that forged billionaires like Rockefeller, Carnegie, and Kennedy. But the time to learn them is NOW. Because once the crash begins, it may be too late.

The markets are so blind with free money and highly leveraged carry trades into bonds and stocks that they just don't care about fundamentals anymore!

Earnings have been declining since late 2014, according to real GAAP or accounting standards. They have been declining for over three quarters even on the "funny money" standards… the ones that don't count one-time losses, even though they keep occurring!

Productivity has been declining for years and is near zero. GDP has declined to just under 1% adjusted for inflation over the last three quarters… if it's not actually lower.And the average wage has been declining since early 2000 and is close to what it was back in the early 1970s. No wonder the middle and lower-middle classes are pissed and supporting Trump and Sanders.

We're already heading into a recession, if we're not already in one. But the stock market is ignoring this because there's simply nowhere else to go, as programmed by the Fed and central banks…

Just think – last Friday the Dow was off by nearly 400 points because one Fed governor said they might raise rates by a quarter frickin' point in the coming months?

This is ridiculous!

It's lemmings hurtling right over a cliff.

Do you want to be a sheep and follow the rest of these morons? Or do you want to preserve your wealth and have the unprecedented opportunity to cash in on The Sale of a Lifetime? That's the title of my new book focusing on bubbles and why we never see them until it's too late – and the extraordinary opportunity for those who can avoid the carnage.

The book is now available on Amazonstarting today. Don't miss it – and don't be too late to sell at the top of this unprecedented global bubble in everything from stocks to real estate.

And if you don't think bubbles can burst 80% or more in a matter of years, look at the commodity bubble that we predicted would burst many years back. Everything from oil to iron ore to corn to the general CRB Index is down 70% to 80%, with a bit more to come.

Again, the sale of a lifetime is ahead if you preserve your wealth… and even grow it with our investment systems that have proven track records in both boom and bust periods.

After commodities, stocks will once again become a buy… and so will real estate.

But "buy and hold" has been dead since late 2007. It won't be a safe bet until at least early 2020, and likely late 2022 in the next global boom – but that will be concentrated more in emerging countries like India and Southeast Asia, while the U.S. will still tend to be the "best house in a bad neighborhood" of slowing demographics and debt deleveraging.

Don't listen to the never-ending army of pundits that are defending this bubble. It is the greatest, most pervasive, and most perverse in modern history, and it will destroy your wealth faster than you can imagine when it finally bursts – especially into late 2019/early 2020 when all four of my longer-term cycles bottom together.

Make sure you read my latest book, The Sale of a Lifetime, for the full story on how to avoid this head-on collision… and how to protect and even grow your wealth when financial assets go on sale.

Subscribe to Our Premium Monthly Newsletter

Will you be one of the millions of Americans devastated by the coming safe asset slaughter? As a subscriber to Boom & Bust, Harry Dent, Rodney Johnson and Adam O'Dell will make sure you're not. In fact, they'll help you profit from the chaos that lies ahead.

STAY CONNECTED

Economy & Markets: You are receiving this e-mail as a part of your free subscription to the Economy & Markets E-Letter.

As an Economy & Markets Daily subscriber, you're eligible for the full details on Harry Dent's most disturbing prediction in years. To uncover which one of the market's safest and most popular investments is about to get slaughtered, click here now to view his presentation.

LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Delray Publishing.

This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.